Freedom Retained Earnings vs Accounts Payable Analysis

FRHC Stock

USD 117.30 5.41 4.41%

Freedom Holding financial indicator trend analysis is much more than just examining Freedom Holding Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Freedom Holding Corp is a good investment. Please check the relationship between Freedom Holding Retained Earnings and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freedom Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freedom Holding Corp Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Freedom Holding's Retained Earnings and Accounts Payable is 0.9. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Freedom Holding Corp, assuming nothing else is changed. The correlation between historical values of Freedom Holding's Retained Earnings and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Freedom Holding Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., Freedom Holding's Retained Earnings and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Accounts Payable

An accounting item on the balance sheet that represents Freedom Holding obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Freedom Holding Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from Freedom Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Freedom Holding Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freedom Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

At present, Freedom Holding's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 8.07, whereas Selling General Administrative is forecasted to decline to about 169 M.

	2010	2023	2024 (projected)
Research Development	0.55	0.28	0.3
Discontinued Operations	12.4M	11.2M	9.9M

Research Development Discontinued Operations

Freedom Holding fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Common Stock Total Equity	Other Stockholder Equity	Property Plant And Equipment Gross	Short Term Debt
Total Assets		0.29	1.0	0.99	0.96	0.99	0.79	1.0	-0.9	0.54	0.92	0.95	-0.08	0.43	0.91	0.96	-0.71	1.0	0.77	-0.18	1.0	-0.77	-0.17	0.59	1.0	0.99
Total Current Liabilities	0.29		0.34	0.32	0.05	0.34	0.68	0.26	0.09	0.96	-0.06	0.0	0.23	0.97	-0.13	0.02	0.42	0.28	0.83	-0.14	0.21	0.33	-0.18	0.5	0.32	0.21
Total Stockholder Equity	1.0	0.34		0.99	0.95	1.0	0.8	0.99	-0.88	0.58	0.91	0.93	-0.05	0.48	0.89	0.94	-0.69	0.99	0.8	-0.2	0.99	-0.74	-0.19	0.63	0.99	0.99
Property Plant And Equipment Net	0.99	0.32	0.99		0.95	0.99	0.79	1.0	-0.86	0.57	0.9	0.94	-0.07	0.47	0.89	0.94	-0.69	0.99	0.8	-0.18	0.99	-0.74	-0.18	0.61	1.0	0.98
Net Debt	0.96	0.05	0.95	0.95		0.94	0.58	0.96	-0.93	0.32	0.96	0.98	-0.15	0.23	0.97	0.98	-0.87	0.96	0.59	-0.14	0.98	-0.84	-0.12	0.48	0.95	0.98
Retained Earnings	0.99	0.34	1.0	0.99	0.94		0.81	0.99	-0.88	0.59	0.91	0.93	-0.08	0.48	0.88	0.94	-0.68	0.99	0.8	-0.16	0.98	-0.74	-0.14	0.58	0.99	0.98
Cash	0.79	0.68	0.8	0.79	0.58	0.81		0.78	-0.58	0.81	0.59	0.62	0.09	0.68	0.52	0.65	-0.17	0.79	0.89	-0.23	0.73	-0.44	-0.23	0.64	0.78	0.73
Non Current Assets Total	1.0	0.26	0.99	1.0	0.96	0.99	0.78		-0.9	0.52	0.93	0.96	-0.09	0.4	0.92	0.96	-0.73	1.0	0.75	-0.18	0.99	-0.79	-0.18	0.58	1.0	0.99
Non Currrent Assets Other	-0.9	0.09	-0.88	-0.86	-0.93	-0.88	-0.58	-0.9		-0.17	-0.99	-0.95	0.14	-0.04	-0.96	-0.97	0.88	-0.9	-0.46	0.14	-0.92	0.93	0.12	-0.44	-0.87	-0.92
Cash And Short Term Investments	0.54	0.96	0.58	0.57	0.32	0.59	0.81	0.52	-0.17		0.21	0.28	0.18	0.98	0.15	0.29	0.17	0.54	0.95	-0.18	0.47	0.07	-0.21	0.61	0.57	0.47
Net Receivables	0.92	-0.06	0.91	0.9	0.96	0.91	0.59	0.93	-0.99	0.21		0.98	-0.16	0.08	0.98	0.99	-0.89	0.93	0.49	-0.14	0.95	-0.93	-0.13	0.45	0.9	0.94
Good Will	0.95	0.0	0.93	0.94	0.98	0.93	0.62	0.96	-0.95	0.28	0.98		-0.14	0.16	0.99	0.99	-0.86	0.96	0.55	-0.16	0.97	-0.91	-0.12	0.46	0.94	0.97
Common Stock Shares Outstanding	-0.08	0.23	-0.05	-0.07	-0.15	-0.08	0.09	-0.09	0.14	0.18	-0.16	-0.14		0.17	-0.18	-0.13	0.22	-0.08	0.1	-0.89	-0.09	0.18	0.25	0.42	-0.07	-0.1
Short Term Investments	0.43	0.97	0.48	0.47	0.23	0.48	0.68	0.4	-0.04	0.98	0.08	0.16	0.17		0.03	0.16	0.24	0.43	0.9	-0.15	0.36	0.22	-0.18	0.54	0.47	0.37
Non Current Liabilities Total	0.91	-0.13	0.89	0.89	0.97	0.88	0.52	0.92	-0.96	0.15	0.98	0.99	-0.18	0.03		0.99	-0.92	0.91	0.44	-0.12	0.94	-0.94	-0.1	0.39	0.89	0.94
Inventory	0.96	0.02	0.94	0.94	0.98	0.94	0.65	0.96	-0.97	0.29	0.99	0.99	-0.13	0.16	0.99		-0.85	0.96	0.57	-0.17	0.98	-0.91	-0.12	0.48	0.94	0.97
Other Current Assets	-0.71	0.42	-0.69	-0.69	-0.87	-0.68	-0.17	-0.73	0.88	0.17	-0.89	-0.86	0.22	0.24	-0.92	-0.85		-0.71	-0.14	0.06	-0.77	0.88	0.03	-0.22	-0.7	-0.77
Total Liab	1.0	0.28	0.99	0.99	0.96	0.99	0.79	1.0	-0.9	0.54	0.93	0.96	-0.08	0.43	0.91	0.96	-0.71		0.77	-0.18	1.0	-0.78	-0.17	0.59	1.0	1.0
Total Current Assets	0.77	0.83	0.8	0.8	0.59	0.8	0.89	0.75	-0.46	0.95	0.49	0.55	0.1	0.9	0.44	0.57	-0.14	0.77		-0.2	0.72	-0.22	-0.22	0.68	0.79	0.72
Common Stock	-0.18	-0.14	-0.2	-0.18	-0.14	-0.16	-0.23	-0.18	0.14	-0.18	-0.14	-0.16	-0.89	-0.15	-0.12	-0.17	0.06	-0.18	-0.2		-0.18	0.11	-0.23	-0.44	-0.18	-0.18
Short Long Term Debt Total	1.0	0.21	0.99	0.99	0.98	0.98	0.73	0.99	-0.92	0.47	0.95	0.97	-0.09	0.36	0.94	0.98	-0.77	1.0	0.72	-0.18		-0.81	-0.15	0.56	0.99	1.0
Other Current Liab	-0.77	0.33	-0.74	-0.74	-0.84	-0.74	-0.44	-0.79	0.93	0.07	-0.93	-0.91	0.18	0.22	-0.94	-0.91	0.88	-0.78	-0.22	0.11	-0.81		0.07	-0.28	-0.74	-0.8
Common Stock Total Equity	-0.17	-0.18	-0.19	-0.18	-0.12	-0.14	-0.23	-0.18	0.12	-0.21	-0.13	-0.12	0.25	-0.18	-0.1	-0.12	0.03	-0.17	-0.22	-0.23	-0.15	0.07		-0.59	-0.18	-0.14
Other Stockholder Equity	0.59	0.5	0.63	0.61	0.48	0.58	0.64	0.58	-0.44	0.61	0.45	0.46	0.42	0.54	0.39	0.48	-0.22	0.59	0.68	-0.44	0.56	-0.28	-0.59		0.6	0.56
Property Plant And Equipment Gross	1.0	0.32	0.99	1.0	0.95	0.99	0.78	1.0	-0.87	0.57	0.9	0.94	-0.07	0.47	0.89	0.94	-0.7	1.0	0.79	-0.18	0.99	-0.74	-0.18	0.6		0.99
Short Term Debt	0.99	0.21	0.99	0.98	0.98	0.98	0.73	0.99	-0.92	0.47	0.94	0.97	-0.1	0.37	0.94	0.97	-0.77	1.0	0.72	-0.18	1.0	-0.8	-0.14	0.56	0.99

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Freedom Holding Account Relationship Matchups

Freedom Holding fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	453.5M	2.0B	2.9B	5.1B	8.3B	8.7B
Total Current Liabilities	227.8M	1.6B	2.3B	3.6B	33.0M	31.3M
Total Stockholder Equity	131.3M	277.3M	514.7M	777.3M	1.2B	1.2B
Property Plant And Equipment Net	20.9M	31.6M	37.0M	84.4M	119.3M	125.3M
Net Debt	71.7M	(187.0M)	267.5M	1.0B	2.5B	2.7B
Retained Earnings	66.3M	208.6M	426.6M	647.1M	998.7M	1.0B
Cash	63.2M	698.8M	625.5M	581.4M	545.1M	572.3M
Non Current Assets Total	28.2M	58.2M	66.4M	125.9M	219.6M	230.6M
Non Currrent Assets Other	(172M)	8.9M	(1.3B)	3.3M	(3.8B)	(3.6B)
Cash And Short Term Investments	226.2M	1.4B	1.8B	3.2B	761.7M	799.8M
Net Receivables	125.3M	49.5M	459.3M	153.4M	1.7B	1.8B
Good Will	2.6M	7.9M	5.4M	14.2M	52.6M	55.3M
Common Stock Shares Outstanding	58.3M	58.4M	59.4M	59.5M	59.4M	30.0M
Short Term Investments	163.0M	736.2M	1.2B	2.7B	216.6M	431.1M
Liabilities And Stockholders Equity	453.5M	2.0B	2.9B	5.1B	8.3B	8.7B
Non Current Liabilities Total	96.7M	112.0M	152.7M	725.1M	7.1B	7.5B
Other Current Assets	(233.8M)	1.2B	566.2M	501.8M	(2.6B)	(2.4B)
Total Liab	324.5M	1.7B	2.4B	4.3B	7.1B	7.5B
Total Current Assets	425.4M	2.0B	2.9B	5.0B	2.4B	2.6B
Short Long Term Debt Total	134.9M	511.8M	893.1M	1.6B	3.1B	3.2B
Other Current Liab	2.4M	(1.1B)	18.7M	1.9B	(6.0B)	(5.7B)
Other Stockholder Equity	102.9M	104.7M	141.3M	164.2M	183.8M	93.3M
Property Plant And Equipment Gross	20.9M	31.6M	43.7M	93.7M	134.3M	141.0M
Accumulated Other Comprehensive Income	(38.0M)	(36.0M)	(53.3M)	(34M)	(18.9M)	(19.9M)
Short Term Debt	48.2M	426.7M	775.2M	1.5B	2.8B	2.9B
Other Assets	1.2M	19.9M	2.0B	3.8B	5.6B	5.9B
Intangible Assets	3.4M	9.8M	5.8M	17.6M	47.7M	50.1M
Accounts Payable	8.8M	23.5M	48.8M	130.9M	886.7M	931.1M
Net Tangible Assets	125.3M	258.0M	503.5M	745.5M	857.3M	900.2M
Capital Surpluse	99.1M	102.9M	104.7M	164.2M	188.8M	96.2M
Property Plant Equipment	20.9M	18.4M	37.0M	54.0M	62.1M	65.2M
Other Liab	508K	13.2M	19.9M	646.2M	743.1M	780.3M
Long Term Debt	72.3M	68.4M	102.6M	60.0M	276.7M	290.6M
Long Term Debt Total	28.5M	72.3M	68.4M	60.0M	69.0M	44.7M
Short Long Term Debt	72.3M	426.7M	775.2M	1.5B	2.8B	2.9B

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When determining whether Freedom Holding Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Freedom Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Freedom Holding Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Freedom Holding Corp Stock:

How To Invest In Freedom

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Is Freedom Stock a good investment?

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What is Freedom Holding's Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freedom Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Is Investment Banking & Brokerage space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freedom Holding. If investors know Freedom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freedom Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.03)

Earnings Share

5.71

Revenue Per Share

22.019

Quarterly Revenue Growth

0.5

Return On Assets

0.0427

The market value of Freedom Holding Corp is measured differently than its book value, which is the value of Freedom that is recorded on the company's balance sheet. Investors also form their own opinion of Freedom Holding's value that differs from its market value or its book value, called intrinsic value, which is Freedom Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Freedom Holding's market value can be influenced by many factors that don't directly affect Freedom Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Freedom Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freedom Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freedom Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Freedom Retained Earnings vs Accounts Payable Analysis

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

Correlation Coefficient

Retained Earnings

Accounts Payable

Freedom Holding fundamental ratios Correlations

Freedom Holding Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Freedom Holding fundamental ratios Accounts

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Short Long Term Debt Total	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity

Net Receivables	- 0.99	Non Currrent Assets Other
Inventory	- 0.97	Non Currrent Assets Other
Non Current Liabilities Total	- 0.96	Non Currrent Assets Other
Good Will	- 0.95	Non Currrent Assets Other
Other Current Liab	- 0.94	Non Current Liabilities Total
Other Current Liab	- 0.93	Net Receivables